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8. A $1000 treasury bond expires in 5 years. It pays semi-annually at a coupon rate of 10.5%. If the market price of this bond
8. A $1000 treasury bond expires in 5 years. It pays semi-annually at a coupon rate of 10.5%. If the market price of this bond is 1078.80, what is the YTM?
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Investment Science
Authors: David G. Luenberger
1st Edition
0195108094, 978-0195108095
